Official data · Updated Nov 12, 2026
New home prices, construction, rents, vacancy and mortgage rates for every province and major metro. Straight from Statistics Canada, CMHC and the Bank of Canada, with reference dates. Nothing estimated, nothing projected.
National snapshot
New housing price index
120.2
−2.0% vs 12 months earlier
Sep 2026 · Statistics Canada
New homes only; not a resale price measure.
What this measures and how to read itHousing starts (SAAR)
248,896units, annualized
−11.3% vs 12 months earlier
Sep 2026 · CMHC
Seasonally adjusted annual rate, not an actual monthly count.
What this measures and how to read itDwelling units permitted (last 12 months)
295,800units
−3.4% vs prior 12 months
Sep 2026 · Statistics Canada
What this measures and how to read itPopulation
41,798,407persons
+0.5% vs one year earlier
Jul 1, 2026 · Statistics Canada
What this measures and how to read itMortgage intelligence
What borrowers actually paid on new mortgages, by term and insurance status.
Average rates on new mortgages
Aug 2026 · Bank of Canada, funds advanced by banks and lenders
Variable rate
Insured
3.74%
−0.7 pts y/y
Uninsured
3.90%
−0.6 pts y/y
Fixed, 1 to 3 years
Insured
4.94%
−0.4 pts y/y
Uninsured
5.31%
+0.0 pts y/y
Fixed, 3 to 5 years
Insured
4.02%
+0.0 pts y/y
Uninsured
4.13%
0.0 pts y/y
Fixed, 5 years and over
Insured
4.12%
+0.1 pts y/y
Uninsured
4.58%
+0.3 pts y/y
What borrowers actually paid on new mortgages, on average, not lender offers. Insured mortgages have a down payment under 20% and carry default insurance, which is why they usually get lower rates.
City markets
New housing price index
105.0
−4.9% vs 12 months earlier
Sep 2026
Housing starts, 12 mo
23,355
−9.8% vs prior 12 months
Sep 2026
Avg. 2-bedroom rent
$2,045
+3.7% vs prior year
October 2025 survey
Rental vacancy
3.00%
+0.5 pts vs prior year
October 2025 survey
New housing price index
123.4
−2.1% vs 12 months earlier
Sep 2026
Housing starts, 12 mo
26,601
−4.9% vs prior 12 months
Sep 2026
Avg. 2-bedroom rent
$2,364
+2.2% vs prior year
October 2025 survey
Rental vacancy
3.70%
+2.1 pts vs prior year
October 2025 survey
New housing price index
159.5
+1.2% vs 12 months earlier
Sep 2026
Housing starts, 12 mo
27,474
+12.5% vs prior 12 months
Sep 2026
Avg. 2-bedroom rent
$1,346
+14.5% vs prior year
October 2025 survey
Rental vacancy
3.30%
+0.8 pts vs prior year
October 2025 survey
New housing price index
129.7
0.0% vs 12 months earlier
Sep 2026
Housing starts, 12 mo
24,403
−12.4% vs prior 12 months
Sep 2026
Avg. 2-bedroom rent
$1,908
+1.7% vs prior year
October 2025 survey
Rental vacancy
5.00%
+0.2 pts vs prior year
October 2025 survey
New housing price index
162.3
+1.0% vs 12 months earlier
Sep 2026
Housing starts, 12 mo
14,228
+16.1% vs prior 12 months
Sep 2026
Avg. 2-bedroom rent
$1,757
+4.3% vs prior year
October 2025 survey
Rental vacancy
3.40%
+0.9 pts vs prior year
October 2025 survey
Calculators
Metro comparison
| Metro | Pulse score | Indicators |
|---|---|---|
| Québec City Que. | 78 | 16 |
| Trois-Rivières Que. | 73 | 14 |
| Sherbrooke Que. | 73 | 16 |
| St. John's N.L. | 70 | 15 |
| Saint John N.B. | 67 | 14 |
| Montréal Que. | 66 | 16 |
| Saskatoon Sask. | 64 | 16 |
| Moncton N.B. | 62 | 14 |
| Ottawa–Gatineau Ont. | 62 | 14 |
| Halifax N.S. | 59 | 16 |
| Winnipeg Man. | 55 | 16 |
| Kelowna B.C. | 53 | 15 |
| Victoria B.C. | 51 | 15 |
| Abbotsford–Mission B.C. | 49 | 14 |
| Brantford Ont. | 49 | 14 |
| Edmonton Alta. | 45 | 16 |
| London Ont. | 45 | 16 |
| Regina Sask. | 44 | 16 |
| Peterborough Ont. | 42 | 14 |
| Vancouver B.C. | 42 | 16 |
| Kingston Ont. | 41 | 15 |
| St. Catharines–Niagara Ont. | 39 | 15 |
| Toronto Ont. | 36 | 15 |
| Calgary Alta. | 35 | 16 |
| Windsor Ont. | 30 | 15 |
| Oshawa Ont. | 25 | 15 |
| Kitchener–Cambridge–Waterloo Ont. | 24 | 16 |
| Barrie Ont. | 23 | 14 |
| Hamilton Ont. | 19 | 15 |
| Nanaimo B.C. | Not enough data | 4 |
| Kamloops B.C. | Not enough data | 4 |
| Red Deer Alta. | Not enough data | 4 |
| Lethbridge Alta. | Not enough data | 4 |
| Fredericton N.B. | Not enough data | 4 |
| Medicine Hat Alta. | Not enough data | 2 |
Regional markets
Statistics Canada
New housing prices, building permits, population and rent estimates.
CMHC
Housing starts, completions, construction and the Rental Market Survey.
Bank of Canada
Policy interest rate, posted mortgage rates and bond yields.
Every figure shows its reference date. Missing data is disclosed, never estimated. Methodology